Globalisation and Economic Development
Economics ⇒ Economic Development
Globalisation and Economic Development starts at 11 and continues till grade 12.
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Define globalisation in the context of economic development.
Describe any one environmental concern associated with globalisation.
Describe any two ways in which globalisation has affected the Indian economy since 1991.
Describe the term 'multinational corporation' (MNC) and its significance in globalisation.
Discuss the impact of globalisation on employment in India.
Discuss the impact of globalisation on the service sector in India.
Explain how globalisation can affect income distribution within a country.
Explain how globalisation can lead to economic growth in developing countries.
Which of the following is a characteristic of a globalised economy? (1) Closed markets, (2) High trade barriers, (3) Free flow of capital, (4) Limited foreign investment
Which of the following is a criticism of globalisation? (1) Promotes cultural exchange, (2) Increases inequality, (3) Enhances technology transfer, (4) Expands markets
Which of the following is a direct result of globalisation? (1) Decreased foreign investment, (2) Increased trade barriers, (3) Expansion of international trade, (4) Reduced technology transfer
Which of the following is a potential negative impact of globalisation on developing economies? (1) Increased employment, (2) Loss of cultural identity, (3) Improved technology, (4) Access to foreign markets
Fill in the blank: The ________ Agreement was signed in 1994 to establish the World Trade Organization.
Fill in the blank: The ________ is an international financial institution that provides loans to developing countries for development projects.
Fill in the blank: The ________ sector in India has benefited the most from globalisation.
Fill in the blank: The ________ sector in India has faced challenges due to increased competition from imports after globalisation.
State whether the following statement is true or false: Globalisation always leads to equitable distribution of income.
State whether the following statement is true or false: Globalisation can lead to the loss of traditional industries in developing countries.
State whether the following statement is true or false: Globalisation has only positive effects on the environment.
True or False: Foreign Direct Investment (FDI) is a key component of globalisation.
